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May 20, 2013

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Tag: Bail Out


peasap (CC BY 2.0)

Bail-Out Is Out, Bail-In Is In

The new rules for keeping the too-big-to-fail banks alive allow for the use of creditor funds, including uninsured deposits, to recapitalize failing banks. In the event of another crisis, access to your money would depend on the security of the FDIC. The question, then, is how reliable is the FDIC?

Posted on Apr 30, 2013 READ MORE


Obama Rides the Bailout to Victory

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Posted on Nov 8, 2012 READ MORE



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Robin Hood Hacker

A hacker using the alias “Neo” has attained almost cult status in Latvia after releasing through Twitter the confidential financial data of allegedly corrupt banks and state-owned companies that profited from the global recession.

Posted on Feb 26, 2010 READ MORE  |  1 COMMENT


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